Apple Hospitality REIT Inc (APLE) - Net Assets
Based on the latest financial reports, Apple Hospitality REIT Inc (APLE) has net assets worth $3.19 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.91 Billion) and total liabilities ($1.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Apple Hospitality REIT Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.19 Billion |
| % of Total Assets | 64.92% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | 7.81% |
| 10-Year Change | 23.38% |
| Growth Volatility | 47.3 |
Apple Hospitality REIT Inc - Net Assets Trend (2008–2024)
This chart illustrates how Apple Hospitality REIT Inc's net assets have evolved over time, based on quarterly financial data. Also explore Apple Hospitality REIT Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Apple Hospitality REIT Inc (2008–2024)
The table below shows the annual net assets of Apple Hospitality REIT Inc from 2008 to 2024. For live valuation and market cap data, see APLE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.27 Billion | -1.75% |
| 2023-12-31 | $3.32 Billion | +4.58% |
| 2022-12-31 | $3.18 Billion | +0.99% |
| 2021-12-31 | $3.15 Billion | +3.89% |
| 2020-12-31 | $3.03 Billion | -7.95% |
| 2019-12-31 | $3.29 Billion | -3.46% |
| 2018-12-31 | $3.41 Billion | -4.54% |
| 2017-12-31 | $3.57 Billion | +1.54% |
| 2016-12-31 | $3.52 Billion | +32.87% |
| 2015-12-31 | $2.65 Billion | -12.19% |
| 2014-12-31 | $3.01 Billion | +129.81% |
| 2013-12-31 | $1.31 Billion | -2.55% |
| 2012-12-31 | $1.35 Billion | -13.91% |
| 2011-12-31 | $1.56 Billion | -4.31% |
| 2010-12-31 | $1.63 Billion | +78.12% |
| 2009-12-31 | $917.40 Million | +135.41% |
| 2008-12-31 | $389.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Apple Hospitality REIT Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 150983300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.77 Billion | 146.09% |
| Other Comprehensive Income | $15.59 Million | 0.48% |
| Total Equity | $3.27 Billion | 100.00% |
Apple Hospitality REIT Inc Competitors by Market Cap
The table below lists competitors of Apple Hospitality REIT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Zongshen Power Machinery Co Ltd
SHE:001696
|
$2.91 Billion |
|
GQG PARTNERS CDI/1/1
F:6P1
|
$2.91 Billion |
|
Euronet Worldwide Inc
NASDAQ:EEFT
|
$2.91 Billion |
|
HMS Networks AB (publ)
ST:HMS
|
$2.91 Billion |
|
Airoha Technology Corp
TW:6526
|
$2.91 Billion |
|
SpareBank 1 Østlandet
OL:SPOL
|
$2.91 Billion |
|
FIBI Holdings Ltd
TA:FIBIH
|
$2.91 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
$2.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apple Hospitality REIT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,323,981,000 to 3,265,859,000, a change of -58,122,000 (-1.7%).
- Net income of 214,064,000 contributed positively to equity growth.
- Dividend payments of 243,722,000 reduced retained earnings.
- Share repurchases of 35,135,000 reduced equity.
- Other comprehensive income decreased equity by 4,817,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $214.06 Million | +6.55% |
| Dividends Paid | $243.72 Million | -7.46% |
| Share Repurchases | $35.13 Million | -1.08% |
| Other Comprehensive Income | $-4.82 Million | -0.15% |
| Other Changes | $11.49 Million | +0.35% |
| Total Change | $- | -1.75% |
Book Value vs Market Value Analysis
This analysis compares Apple Hospitality REIT Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.27x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $49.17 | $13.39 | x |
| 2009-12-31 | $27.78 | $13.39 | x |
| 2010-12-31 | $21.53 | $13.39 | x |
| 2011-12-31 | $17.10 | $13.39 | x |
| 2012-12-31 | $14.74 | $13.39 | x |
| 2013-12-31 | $14.35 | $13.39 | x |
| 2014-12-31 | $16.13 | $13.39 | x |
| 2015-12-31 | $14.68 | $13.39 | x |
| 2016-12-31 | $18.43 | $13.39 | x |
| 2017-12-31 | $15.98 | $13.39 | x |
| 2018-12-31 | $14.84 | $13.39 | x |
| 2019-12-31 | $14.70 | $13.39 | x |
| 2020-12-31 | $13.55 | $13.39 | x |
| 2021-12-31 | $13.90 | $13.39 | x |
| 2022-12-31 | $13.88 | $13.39 | x |
| 2023-12-31 | $14.49 | $13.39 | x |
| 2024-12-31 | $13.54 | $13.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apple Hospitality REIT Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.95%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.52x
- Recent ROE (6.55%) is above the historical average (3.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.56% | 19.13% | 0.03x | 1.11x | $-36.77 Million |
| 2009 | 1.84% | 19.78% | 0.09x | 1.07x | $-74.89 Million |
| 2010 | 0.99% | 10.15% | 0.09x | 1.07x | $-147.15 Million |
| 2011 | 4.48% | 21.84% | 0.19x | 1.09x | $-86.37 Million |
| 2012 | 5.61% | 20.65% | 0.24x | 1.13x | $-59.14 Million |
| 2013 | 8.78% | 29.70% | 0.26x | 1.14x | $-15.96 Million |
| 2014 | 0.23% | 0.85% | 0.21x | 1.25x | $-294.63 Million |
| 2015 | 4.43% | 13.06% | 0.24x | 1.41x | $-147.42 Million |
| 2016 | 4.11% | 13.90% | 0.21x | 1.42x | $-207.05 Million |
| 2017 | 5.11% | 14.73% | 0.25x | 1.37x | $-174.62 Million |
| 2018 | 6.05% | 16.22% | 0.26x | 1.45x | $-134.81 Million |
| 2019 | 5.22% | 13.57% | 0.26x | 1.50x | $-157.18 Million |
| 2020 | -5.72% | -28.78% | 0.12x | 1.59x | $-476.14 Million |
| 2021 | 0.60% | 2.02% | 0.19x | 1.52x | $-295.90 Million |
| 2022 | 4.56% | 11.69% | 0.26x | 1.50x | $-173.03 Million |
| 2023 | 5.34% | 13.21% | 0.27x | 1.49x | $-154.91 Million |
| 2024 | 6.55% | 14.95% | 0.29x | 1.52x | $-112.52 Million |
Industry Comparison
This section compares Apple Hospitality REIT Inc's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $1,951,625,535
- Average return on equity (ROE) among peers: -15.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apple Hospitality REIT Inc (APLE) | $3.19 Billion | 0.56% | 0.54x | $2.91 Billion |
| Ashford Hospitality Trust Inc (AHT) | $749.27 Million | -8.94% | 5.23x | $19.23 Million |
| Braemar Hotel & Resorts Inc (BHR) | $523.87 Million | -5.09% | 2.59x | $164.83 Million |
| Chatham Lodging Trust REIT (CLDT) | $775.02 Million | 2.41% | 0.86x | $370.84 Million |
| Diamondrock Hospitality Company Common Stock (DRH) | $1.02 Billion | 5.20% | 1.07x | $1.89 Billion |
| Host Hotels & Resorts Inc (HST) | $6.43 Billion | -11.38% | 1.00x | $13.73 Billion |
| InnSuites Hospitality Trust (IHT) | $4.55 Million | -166.11% | 4.40x | $10.31 Million |
| Summit Hotel Properties Inc (INN) | $785.20 Million | 2.66% | 0.86x | $489.64 Million |
| Pebblebrook Hotel Trust (PEB) | $1.31 Billion | 1.99% | 0.41x | $1.48 Billion |
| Park Hotels & Resorts Inc (PK) | $5.96 Billion | 44.03% | 0.63x | $2.16 Billion |
About Apple Hospitality REIT Inc
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 220 hotels with approximately 29,700 guest rooms located in 85 markets throughout 37 states and the District of Columbia. Concentrated with indu… Read more